The son of the man who founded baking giant Greggs has been arrested on suspicion of a historic sexual offence.
Colin Gregg, 71, who for more than 30 years was a non-executive director of the North East business, was taken in for questioning on Saturday.
The police, who raided his home in Gosforth, Newcastle upon Tyne, said he had now been released on bail.
Colin Gregg reportedly still has shares in Greggs
Mr Gregg, son of founder Jack Gregg, is also the former headmaster of King's School in Tynemouth and set up the North East Children's Cancer Run in the 1980s.
He reportedly has shares in the bakery business worth around £5.5 million.
A Northumbria Police spokesman said: "A 71-year-old man has been arrested on suspicion of sexual assault and has been released on police bail."
A spokesman for Greggs said: "Colin Gregg has no involvement with Greggs plc. He retired as a non-executive director in May 2001.
"It would therefore be wholly inappropriate for us to comment on this matter."
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